Subject: SEC proposed Rule 17j-1, Release No. 33-7212, S7-25-95
Author: "Adam S. Zielinski"
Date: 12/11/98 1:28 PM
Dear Sirs:
I strongly support the adoption of proposed SEC rule 17j-1, (Personal
Investment Activities of Investment Company Personnel and Codes of Ethics
of Investment Companies and Their Investment Advisers and Principal
Underwriters, Release No. 33-7212, S7-25-95) which would require greater
disclosure of the compensation and share ownership information of mutual
fund managers and their investment organizations. I'm surprised to learn
that this disclosure information is not currently required. Mutual fund
managers and their investment companies should be held to the same
standards as corporate executives.
I urge you to adopt and implement this rule quickly.
To Senators Wyden and Smith, please update me on your thinking regarding
this issue and any action you are taking or feel may be necessary to take
regarding this matter.
I recently became aware of this issue via the following links on the web:
http://www.quicken.com/investments/cbswatch/farrell_funds
http://www.SEC.gov/rules/propridx.htm
http://www.SEC.gov/rules/proposed/17j-1.txt
Thank you,
Adam Zielinski
6925 SW Corbett Ave.
Portland, OR 97219-2307